Alpha Bank CASHBACK Mastercard

A credit card that rewards you for your daily transactions by giving back cash.

Contactless transactions

Online purchases and purchases by phone

Up to 48 interest-free monthly installments

Your purchases reward you

Turn your daily transaction into daily rewards with Alpha Bank CASHBACK Mastercard, which returns back 0,5% of the transaction value to any business or shop in Cyprus.

Moreover, add your card to your digital wallet for more easy and secure transactions.

Mastercard® – Priceless Opportunities
Remote purchases (via telephone and the Internet)
Free Travel and Medical Insurance for you and your family when you use your card to pay for air and sea tickets (click here for the Travel Insurance Claim Form)
Free Student Travel Insurance if the ticket is purchased by the student's parents with an Alpha Bank Cyprus card.
Free purchase protection insurance in Cyprus and abroad, against theft, loss and accidental damage for products bought world-wide with your card
Contactless Transactions with absolute security within a few seconds by holding your card in front of the credit card terminal (POS). For contactlesss single transactions over €50, it is required to enter your secret PIN number
In case of multiple contactless transactions below €50, for which no PIN is required, there is a daily limit of €150 before you are required to enter your PIN number
Flexibility and convenience when carrying out purchases around the world
Cash withdrawal in Cyprus and abroad

Issuance of an additional card with reduced annual fee
Up to 48 interest-free monthly installments for purchases at selected shops in Cyprus and Greece
3% CASHBACK when paying insurance premiums for general insurance contracts from Altius Insurance
Option to choose the minimum payment amount between 3%, 5% and 10% on the card’s balance, with a minimum amount of €20
Provision of Alpha Alerts service for receipt of messages (SMS) on your mobile every time you make a transaction
In case of full repayment of your balance each month you benefit from an interest-free period of up to 50 days

Valid since 2/10/2024

Terms and Conditions of use of Credit Cards by a natural person acting within its business activity

Terms and Conditions of use of Credit Cards by a natural person which fall outside the scope of consumer credit or mortgage credit laws / Terms and Conditions of use of Credit Cards governed by consumer credit law

Terms and Conditions of use of Credit Cards governed by the law governing agreements with consumers relating to residential property

General info

Note: For payments to Government and Semi-government Organizations there is a limit of up to €5.000 per transaction.

Αs of 01.05.2020, transactions under the categories of Government Payments and Taxes, Utility Bills Payments, Card Top Ups and Gambling, will be exempted from the Cashback Mastercard Program. The transactions are exempted based on the merchant’s categorization in the appropriate category of the international organizations Visa and Mastercard and the merchants’ acquirers.

The consumer has the right to withdraw from the loan agreement within 14 working days from the signing thereof, provided no amount under the agreement has been disbursed.